Rockwell Medical Inc (NASDAQ:RMTI) currently has a daily average trading volume of 222.65K but it saw 1524060 shares traded in last market. With a market cap of 40.66M USD, the company’s current market price of $1.19 came rising about 27.79 while comparing to the previous closing price of $0.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.15 and as low as $0.78. In the recent trading on the day, stock has struck highest price mark of $0.947 while lowest mark touched by it was $1.2.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Rodman & Renshaw which initiated the stock as “Buy” in its note to investors issued on November 14, 2024, recommending a price target of $5 for it. H.C. Wainwright also issued its recommendations for the stock as it initiated the price target for the stock is $11.
Over the week, RMTI’s stock price is moving 43.20% up while it is 16.67% when we observe its performance for the past one month. Year-to-date it is -30.81% down and over the past year, the stock is showing a downside performance of -41.67%.
Currently, Rockwell Medical Inc’s total number of outstanding shares is 34.26M with 12.66% of that held by the insiders while 20.56% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1.31% and return on equity (ROE) at -2.12%. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 1.29 while price to sale or P/S ratio amounts to 0.42. Its return on asset (ROA) is -1.06% on average.
